Cyprus LNG project faces stalemate as CPP hardens stance

China Petroleum Pipeline Engineering (CPP) reportedly seeks a financial settlement and termination of its involvement in the Vasilikos LNG terminal project, according to unconfirmed information obtained by Phileleftheros. The report suggests CPP prioritises a financial agreement with Cyprus, followed by a project exit. Additionally, CPP may now link the settlement to the delivery of the … Continue reading Cyprus LNG project faces stalemate as CPP hardens stance